ABC TOOLS AS: årsregnskap 2017 vs 2016
Shrank 59% on revenue, slipped into loss, fresh owner capital
approved 2018-05-15; registry 2018-05-31; journal 2018 380804
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ABC TOOLS AS. Revenue 184.8k NOK → 75.3k NOK (-59.2%). Net result +16.5k NOK → -194.2k NOK. Equity 320.5k NOK → 492.7k NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TOOLS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 320.5k NOK → 492.7k NOK (equity ratio 65.6% → 59.6%). Calculated
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↑
Owners injected capital
Paid-in equity rose 333.3k NOK → 492.7k NOK (+159.3k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 184.8k NOK to 75.3k NOK (-59.2% YoY). Calculated
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↓
Operating result weakened
Operating result -16.3k NOK → -194.3k NOK (op. margin -8.8% → -258.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 16.5k NOK profit to a loss of 194.2k NOK. Calculated
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↓
Cash fell
Bank deposits 141.2k NOK → 80.7k NOK (-42.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 109.7k NOK → 83.9k NOK (-23.6% YoY). Calculated